Archive for the ‘Buying A Home In America’ Category

Why to invest in the USA?

Tuesday, April 28th, 2015

During the recession house prices in America fell by up to 60%. This was an incredible fall and has seen many people already invest due to the fact they knew eventually the markets would turn and they could make huge financial gains. Well this time has now come and the US property market is now on the rise once again. This has meant there are now lots of tenants looking to rent who either do not want to or cannot borrow money to buy. This is a huge reason in why many people in England are buying into properties in America to increase their monthly revenue.

In August 2014 housing sales reached there highest level since early 2007 before the recession which is causing the housing market to rise. Some investors who bought into properties in 2010 and 2011 managed to secure properties for as little as £30,000 and went rented out for a return of 20% for the year. Even now with the value of properties rising, investors can still expect to see an average of 14% a year return after you minus maintenance and other costs. On top of that you also have to include the rise in the value of the house. In Atlanta over the previous 12 months house prices rose on average of 18.6%. This means if you decided to sell after even just a year you would make serious financial gains. A year ago you could buy an entry-level detached three-bedroom house for $65,000. Today it would be $80,000 to $85,000. This is still quite a lot lower than before the peak in 2007 where this type of property was selling for $150,000. Now it does not take a genius to see that as long as prices continue to rise to what they once were you could make a lot of profit on a property, let alone what you make through rent.

This has a lot to do with the repossession of properties during the crisis which made up 60% of the property market. This has now fallen to 25% of the market so it shows a strong increase in the growth of the economy. But this is also showing that there are foreclosed properties available which we can help you with to increase your money. You don’t have to be a landlord with a large landlord as we are here to help you mange your properties and advise in the best investment opportunities for you.

As with any investment there is always risks, but with the current low price of houses and many financial experts predicting the rise in house prices as the American and worldwide economies recover there is a  big opportunity for financial gain. So get in touch if you think this could interest you and we would be happy to help advise you and provide as much information as you require. As we have been investing abroad for many years we know a good opportunity when we see one.

 

Properties Are The Safest and Secure Investment

Wednesday, December 17th, 2014

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There will be always ups and downs regarding the Property Market, but there is always something for certain they are prompt to recover. This is the reason why we at Four Corners Properties are kin to advise our customer to keep their properties in good shape and to make improvements to them and extension for extra space whether is for a kitchen, an extra bedroom or utility room or a loft conversion will always add more value. This news article published by The Telegraph shows once more this point.

Over the past year, London, Cambridge and Bristol have seen the strongest uplifts in values out of the cities looked at, while Glasgow and Leicester have seen the lowest increases, according to the findings.

Fourteen out of the 20 cities looked at recorded year-on-year house price inflation which was below the average seen across the whole of the UK. Across the country generally, the typical house price has lifted by 9.0% or £15,300 over the last year to reach £184,580.

The average London house price has increased by 18.1pc, or £61,000 in cash terms, over the year to September, while a home buyer in Cambridge would need to find 17.9pc or £53,000 more than they would a year ago.

Meanwhile, the average Bristol property has added 14.1pc or £26,900 on to its value over the last year.

Glasgow recorded the smallest year-on-year percentage increase in prices of the 20 cities looked at, with property prices there lifting by 4.3pc or £4,600 in cash terms to reach £109,200. Property values in Leicester have increased by 4.8pc or £6,600 year-on-year to reach £141,400.

Hometrack said there is also evidence that the pace of house price growth in London is starting to slow down. London property values increased by 0.4pc month-on-month in September, compared with a recent peak of 1.0pc growth in April, which Hometrack said reflects “weaker demand” in the capital.

Yesterday, estate agent Foxtons reported a “sharp and recent slowing of volumes” in London property sales. Several recent reports have pointed to a slowdown in the London market as buyers show signs of increasing caution towards price hikes amid expectations that interest rates will rise at some point next year.

Richard Donnell, director of research at Hometrack, said that cities give a strong indication of the health of the housing market overall as they are the focus for employment, business growth and demand for homes.

He said that while house price growth has increased across all 20 cities looked at over the last year, “there is little evidence of a runaway surge in prices and the rate of growth appears to be moderating.

“The overall rate of UK house price growth has been significantly enhanced by London, so we are starting to see a corresponding dip in the rate of growth in the national figures as the rate of growth slows in London.”

Source: PA
City                       1 yr rise                 Average price                         Rise since 2007 peak
London                  18.1%                      £398,700                                           29.2%
Cambridge            17.9%                      £348,300                                           32.4%
Bristol                    14.1%                      £217,600                                              8.3%
Oxford                   10.5%                      £337,400                                           20.7%
Portsmouth          10.4%                      £194,800                                             4.7%
Southampton         9.9%                      £189,400                                             3.6%
Bournemouth        8.7%                      £242,800                                             2.0%
Belfast                     8.3%                      £113,500                                            50.7%
Cardiff                        8%                      £176,600                                            -0.6%
Nottingham            7.7%                      £127,400                                            -3.8%
Newcastle                   7%                      £123,700                                            -9.2%
Manchester                7%                      £136,500                                            -8.1%
Leeds                       6.8%                      £138,700                                          -10.2%
Edinburgh              6.1%                       £188,000                                              -9%
Sheffield                  5.7%                      £125,500                                            -5.9%
Liverpool                 5.3%                      £109,200                                            -15%
Birmingham           5.3%                      £132,100                                            -7.2%
Aberdeen                5.3%                       £188,500                                            11.5%
Leicester                 4.8%                       £141,400                                            -3.6%
Glasgow                  4.3%                       £109,200                                          -14.9%

Source: http://www.telegraph.co.uk/finance/personalfinance/houseprices/11185125/Post-crisis-city-house-prices-league-Cambridge-beats-London.html